business
Lakeside Mall redevelopment plan gets approved for $270M+ in incentives
Summary by The Detroit Editorial Desk WXYZ Web Team , WXYZ Channel 7 (ABC Detroit) - News
· June 23, 2026
· 1 min read
Photo: WXYZ Channel 7 (ABC Detroit) - News · view original
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Summary created by The Detroit Editorial Desk — automated, rule-governed Original reporting WXYZ Web Team, WXYZ Channel 7 (ABC Detroit) - News Original story Read at the source Source published Jun 23, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway They confirmed a Transformational Brownfield Plan worth $270,678,999 has been given the go-ahead.
A redevelopment plan for the former Lakeside Mall site in Sterling Heights has been approved for incentives. The incentives total more than $270 million. The approval was announced by Michigan Governor Gretchen Whitmer and the Michigan Strategic Fund.
They confirmed a Transformational Brownfield Plan worth $270,678,999 has been given the go-ahead. Further details on the plan and its implications can be found through the Michigan Strategic Fund or other local news sources, such as WXYZ Channel 7.
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About this story
As published by WXYZ Channel 7 (ABC Detroit) - News . The Detroit surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit WXYZ Channel 7 (ABC Detroit) - News . Have a tip or correction? Contact our newsroom .
Category: business Published: June 23, 2026 Source: WXYZ Channel 7 (ABC Detroit) - News Reading time: 1 min
Frequently asked about this story
What is this story about? A redevelopment plan for the former Lakeside Mall site in Sterling Heights has been approved for incentives. The incentives total more than $270 million. The approval was announced by Michigan…
When was this published? This article was first published on June 23, 2026 by WXYZ Channel 7 (ABC Detroit) - News and curated for The Detroit readers.
Who reported this story? This story was reported by WXYZ Web Team at WXYZ Channel 7 (ABC Detroit) - News. To learn more about how The Detroit selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Detroit, or browse our daily briefing and topic hubs .
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